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BUS223

Chapter Four Key Terms

TermDefinition
Culture A shared pattern of beliefs, expectations, and meanings that influences and guides the thinking and behaviours of the members of a particular group.
Compliance-Based Culture A corporate culture in which obedience to laws and regulations is the prevailing model for ethical behaviour.
Values-Based Culture A corporate culture in which conformity to a statement of values and principles rather than simple obedience to laws and regulations is the prevailing model for ethical behaviour.
Ethics Officers Individuals within an organization charged with managerial oversight of ethical compliance and enforcement within the organization
Code of Conduct A set of behavioural guidelines and expectations that govern all members of a business firm.
Mission Statement A formal summary statement that described the goals, values, and institutional aim of an organization.
Whistleblowing The disclosure of unethical or illegal activities to someone who is in a position to take action to prevent or punish the wrongdoing.
United States Sentencing Commission USSC An independent agency in the United States Judiciary, was created in 1984 to regulate sentencing policy in the federal court system.
Federal Sentencing Guidelines for Organizations Originally as mandatory parameters for judges to use during organizational sentencing cases. Now they are discretionary in nature and offer specifics for organizations about ways to mitigate eventual sentences by integrating ethics and compliance program
Created by: 13rallie
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